Published: Friday, 17 Jun 2011 | 8:14 PM ET Text Size
By: Jeff Cox
CNBC.com Staff Writer
Faced with the bruising headwinds of high unemployment, weak manufacturing and an otherwise listless economy, Goldman Sachs has slashed its forecast for gross domestic product.
The firm cut its second-quarter GDP outlook to 2 percent from 3 percent, a stunning blow for an economy expected to be well on the path to recovery following the financial crisis of 2008 and 2009.
Full story:
http://www.cnbc.com/id/43447127
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